What will a local search tell me regarding the property we're buying in Trafford?

Trafford conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search organisations such as Onsearch The local search is essential in every Trafford conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your new home. The search will provide data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic sections.

I'm purchasing a new build house in Trafford with a mortgage from . The builders refused to budge the price so I negotiated £7000 of extras instead. The sale representative advised me not disclose to my conveyancer about this extras as it could affect my mortgage with . Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Over the last few months I have been searching for a leasehold apartment up to £235,500 and found one close by in Trafford I like with open areas and station in the vicinity, however it's only got 61 years on the lease. There is not much else in Trafford for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?

Should you require a home loan the shortness of the lease will be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.

I acquired a ground floor flat in Trafford, conveyancing formalities finalised 3 years ago. Can you give me give me an indication of the likely cost of a lease extension? Equivalent properties in Trafford with an extended lease are worth £165,000. The ground rent is £45 invoiced annually. The lease runs out on 21st October 50

With just 50 years unexpired we estimate the premium for your lease extension to be between £36,100 and £41,800 as well as legals.

The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.

I am purchasing a flat and need a conveyancing solicitor in Trafford who is on the bank conveyancing panel. Could you point me in the right direction as regards a Trafford solicitor?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the bank who conduct conveyancing in Trafford. We dont recommend any particular conveyancing practice.